Real Estate Math
A Wisconsin property has 4 units renting at $1,050/month each. Vacancy is 6% and annual expenses are $15,000. What is the annual NOI?
A$32,376✓ Correct
B$35,412
C$34,848
D$37,800
Explanation
Gross income = 4 × $1,050 × 12 = $50,400. EGI = $50,400 × 0.
Related Wisconsin Real Estate Math Questions
- A Wisconsin property has a gross rent multiplier of 115. It generates $2,800/month in gross rent. What is the indicated market value?
- A Wisconsin seller's property is assessed at $165,000 and the assessment ratio is 90% of market value. What is the estimated market value?
- A Wisconsin broker earns a 6% commission on a $425,000 sale. If the broker keeps 40% and pays the listing agent 35% of the broker's share, how much does the listing agent earn?
- A Wisconsin investor buys a duplex for $220,000. Each unit rents for $900/month. The annual operating expenses are $9,600. What is the annual net operating income (NOI)?
- A Wisconsin 6-unit building rents each unit at $775/month. Annual operating expenses are $18,600. With a 5% vacancy rate, what is the annual NOI?
- A Wisconsin investor wants a 9% return on a $400,000 investment property. What minimum annual NOI is required?
- A Wisconsin property owner borrows $45,000 through a home equity loan at 7.5% per year. What is the monthly interest?
- A Wisconsin property has a tax rate of 18 mills and an assessed value of $240,000. What is the annual property tax?
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →